By Ifedapo Adeleye, Lyal White, Nathaniel Boso
Highlighting a tremendous rising development in FDI to Africa, this booklet contains vital contributions concentrating on a rise in alternate and funding among African international locations. a space that previously has acquired little awareness, this quantity goals to outline the foremost concerns and explores the demanding situations and results that experience characterised Africa-to-Africa internationalization, supplying counsel on instructions for destiny study. Africa-to-Africa Internationalization comprises either conceptual and empirical contributions, illustrating the sensible concerns in intra-African exchange and funding. offering readers with a deep feel of the realities and demanding situations of cross-border investments in the quarter, the circumstances integrated within the publication are helpful pedagogical fabrics for school contributors drawn to educating foreign company within the African context.
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Additional info for Africa-to-Africa Internationalization: Key Issues and Outcomes
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South Africa’s ‘big four’ have advanced northwards strongly, with Standard Bank leading the pack with operations in 18 countries. Nedbank has subsidiaries in six markets and is leveraging its alliance with Togo-based Ecobank, the regional lender with operations in 36 African economies. Kenya’s Equity Bank has expanded to four countries and has ambitious pan-African expansion plans. Nigeria’s UBA now has operations in 19 markets, and Guaranty Trust Bank operates in nine countries. Most banks have internationalized by first expanding to neighbouring countries, then to their sub-region, and then to the entire region.